Business

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Business, Logistics

Freight Railroads Vow to Improve Service to Grow Intermodal

LONG BEACH, Calif. — Leaders of some of North America’s Class I freight railroads say they have learned the lessons of the COVID-19 pandemic when service slumped.

Dan Ronan | Senior Reporter
September 19, 2023
Government, Business, Safety

Norfolk Southern Details Plan for East Palestine Residents

Norfolk Southern announced new details about its plan to compensate East Palestine residents for lost home values since the derailment disrupted life in the eastern Ohio town in February.

Josh Funk | Associated Press
September 19, 2023
Government, Business

UAW Threatens Expanded Strikes

The leader of the United Auto Workers said that a limited strike targeting plants in Missouri, Michigan and Ohio may be expanded if “serious progress” toward an new contract agreement isn’t made by Sept. 22 at noon.

David Koenig | Associated Press
September 19, 2023
Government, Business, Fuel

Diesel Price Climbs 9.3¢ to $4.633

The national average diesel price continued its steady ascent, rising 9.3 cents to reach $4.633 a gallon, according to Energy Information Administration data released Sept. 18.

Keiron Greenhalgh | Staff Reporter
September 18, 2023
Business, Technology, Fuel

Toyota Keeps Up Push to Prove It Can Embrace New Technology

Toyota Motor Corp.’s campaign to show customers, suppliers and investors that it’s serious about electrification was on display again this month.

Nicholas Takahashi | Bloomberg News
September 18, 2023
Business, Technology, Equipment

Cybersecurity, EVs Expand TMCSuperTech Challenges

CLEVELAND — Cybersecurity plays an ever-larger role in the TMCSuperTech competition, part of the Fall Meeting of the Technology & Maintenance Council of American Trucking Associations.

Michael Freeze | Features Editor
September 18, 2023
Government, Business, Technology, Fuel

Hundreds of Flying Taxis to Be Made in Ohio

The same Ohio river valley where the Wright brothers pioneered human flight will soon be manufacturing cutting-edge electric planes that take off and land vertically.

Julie Carr Smyth | Associated Press
September 18, 2023
Government, Business, Technology, Equipment

Love’s Travel Stops Receives $4.8 Million to Build EV Chargers

Love’s Travel Stops & Country Stores was awarded $4.8 million in federal funding to build electric vehicle charging stations at eight locations, the company announced Sept. 13.

September 18, 2023
Government, Business, Logistics

Iowa Issues 30-Day Overweight Permits for Harvest Season

Iowa has issued a proclamation that allows overweight loads for vehicles transporting corn, soybeans, hay, straw, silage, fodder, fertilizer and manure to be overweight for 30 days.

Noël Fletcher | Staff Reporter
September 18, 2023
Business, Technology, Safety, Autonomous

Isaac Instruments Introduces Updated Video Camera System

Isaac Instruments has introduced the next generation of its InView integrated video camera system, designed to help trucking fleets improve safety.

Seth Clevenger | Managing Editor, Features and Multimedia
September 18, 2023